![]() ![]() Each bank involved can levy a fee for their service which is deducted as the transfer passes through the system. SWIFT payments involve several partner banks moving money between themselves until it arrives at the right recipient’s account. These fees tend to arise whenever banks process wire transfers through the SWIFT network. When you send an international remittance with Bank of America, you may also need to pay fees to other banks involved in processing the payment. Go to Wise Go to OFX Bank of America additional fees
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